MKR Price Surges as MakerDAO Announces $1 Billion Investment in U.S. Treasury Offerings

MakerDAO has announced an open competition to invest $1 billion in tokenized U.S. Treasury offerings. In response to this announcement, MKR’s price has registered a significant uptick. This new development is part of MakerDAO’s strategy to integrate Real-World Assets (RWAs) such as U.S government bonds and bills, marking a key move in the DeFi space.

Source: CoinOtag